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Current
Dec 4, 2012 3:00am PST
republicans sent in a fiscal cliff counter offer yesterday but the white house is calling it no good. i want to give you an idea of where the two sides stand right now. boehner's new plan would raise $2.2 trillion. now it would extend the bush tax cuts for everyone and yes that does include the top 2%. and it would instead raise $800 billion in revenue from so-called tax reform and that's what we mean when we talk about capping deductions and closing loopholes. the rest of the money comes from cuts to both mandatory and discretionary programs. now to recap again on the president's offer, he wants to raise $1.6 trillion, that's double boehner's amount on the rich an and he's asking for more than $200 billion in stimulus spending and promising about $400 billion worth of cuts to social programs. now obviously those two plans have very little in common. neither side is budging when it comes to their demands on taxes. but now here are a few problems with boehner's proposal. for one, he has yet to get specific on which deductions and loopholes he actually plans to get rid of. for another, he's tr
Current
Nov 29, 2012 3:00am PST
the white house yesterday. >> what is that? >> it is the who. >> bill: story about the fiscal cliff. okay. we were at the white house yesterday. president obama launching his new political campaign to get americans to speak up and say what $2,000 would mean to them which is $2,000 more they're going to have to pay in taxes unless the house republicans vote for this 98% the tax cuts for 98% of americans which the senate has already approved. do you think it is going to happen and are we going to avoid going over the fiscal cliff? >> this is a very tough situation we're in as a country. i just want to re-emphasize what the president was saying yesterday. the senate of the united states by a 51-vote margin, has already passed an extension of the so-called bush tax cuts, the lower tax rates for 98% of american families. 97% of small businesses on all income below $250,000 a year. the house has to join us. folks love to talk about how business hates uncertainty and uncertainty is terrible for the market. well, the easiest way to end the uncertainty about the fiscal cliff and tax rates and their potential impact of the va
Current
Dec 5, 2012 3:00am PST
america's business leaders as to what should happen in the fiscal cliff negotiations then then this afternoon he travels about 5. he will host house members, some of us of the white house press corps for the christmas reception, jay carney's briefing at 12:30. >> this is bill press show. >> good wednesday morning to all of you fellow americans and welcome to the "full-court press," your progressive morning show the only progressive morning show on national television, good to have you with us this morning and we will bring you up to date on what's happening, the little bit that's going on here in our nation's capitol, lots of talk not much action. rest of the news, most importantly give you a cans to sound off, take your call at 866-55-press, news on the media front this morning, word out that fox news has decided that they are going to put on the shelf karl rove and dick morris. no wonder, they are the biggest snakes in american politics plus they got everything wrong during campaign. so who would trust them about anything anymore? pretty bad. got to be pretty bad when you are too extreme for fox news. that and a lot more here but first action let's start off with the
Current
Dec 6, 2012 3:00am PST
fiscal cliff this january. that's the word from treasury secretary timothy geithner who appeared yesterday in an interview with cnbc. taxes are still the major impact and geithner says there is no path to an agreement that does not involve a tax hike on the wealthiest 2%. even some members of the g.o.p. are encouraging lawmakers to support the tax hikes in exchange for a broader deal on health and retirement programs. mainly republicans want to see an increase in the medicare eligibility age as well as a smaller amount of inflation applied to social security. the longer speaker boehner waits on a compromise, less bargaining power he will have. many say now is the time to give in on taxes. it is a big day in washington state for same-sex couples who will be able to pick up their wedding certificates today. voters in washington, maine and maryland approved same-sex marriage on the ballot in november. and yesterday, governor chris gregoire signed that into law calling this the last step for marriage equality in the state of washington. washington also one of two states to legalize r
Search Results 0 to 3 of about 4